Tonight is a crucial moment
A series of major events are about to happen, and this is bound to be an uneasy night. First of all, CPI data will be released at 20:30. Considering that the previous non-agricultural data far exceeded expectations, the CPI situation this time is really difficult to be optimistic about. 📉
🚀 The impact of CPI data
The CPI data to be released at 20:30 will directly affect the market trend. If the CPI data is positive, the market may fluctuate upward. On the other hand, if the data is not as good as expected, the market may experience a wave of decline. 📊
🔍 Federal Reserve Interest Rate Meeting
Then, at 2 a.m., the Federal Reserve will announce its interest rate decision and summary of economic expectations, the FOMC meeting. This meeting is undoubtedly one of the most important meetings of the year, as Fed Chairman Jerome Powell will give the clearest hint yet on the timetable for cutting interest rates. 📅
💡 Powell’s speech
Tomorrow night at approximately 2:30 a.m., Federal Reserve Chairman Powell will deliver a speech. If the data is strong, it is very likely to force Powell, who is known as a hawk, to make hawkish remarks. Such comments could have a significant impact on the market, and investors need to pay close attention. 🗣️
📈 Market expectations
If the CPI data shows a positive state, then it is more likely to fluctuate upward. On the other hand, if the data is not as good as expected, the market may experience a wave of decline. Regardless, tonight’s market dynamics will have a profound impact on the direction of $BTC. 📉
🆘 Summary
Tonight’s CPI data and Fed rate meeting will be key moments for the $BTC market. Investors need to stay calm, pay close attention to market dynamics, and make rational investment decisions. I hope everyone can stay rational and achieve their investment goals at this critical moment. 🚀
